Fabryki Mebli Forte S.A. Net Assets
Fabryki Mebli Forte S.A. net assets. Based on the latest financial reports, Fabryki Mebli Forte S.A. (FTE) has net assets worth zł877.75 Million PLN (≈ $241.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł1.37 Billion ≈ $377.87 Million USD) and total liabilities (zł495.26 Million ≈ $136.30 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See FTE equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł877.75 Million |
| % of Total Assets | 63.93% |
| Annual Growth Rate | 6.57% |
| 5-Year Change | 11.39% |
| 10-Year Change | 60.28% |
| Growth Volatility | 7.9 |
Net Assets of Fabryki Mebli Forte S.A. (2005–2025)
Net assets of Fabryki Mebli Forte S.A. from 2005 to 2025. This chart illustrates how Fabryki Mebli Forte S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Fabryki Mebli Forte S.A. equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Fabryki Mebli Forte S.A. (2005–2025)
The table below shows the annual net assets of Fabryki Mebli Forte S.A. from 2005 to 2025. For live market cap and overall valuation, see FTE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł885.36 Million ≈ $243.66 Million |
-4.77% |
| 2024-12-31 | zł929.70 Million ≈ $255.87 Million |
+0.54% |
| 2023-12-31 | zł924.69 Million ≈ $254.49 Million |
+5.94% |
| 2022-12-31 | zł872.87 Million ≈ $240.23 Million |
+9.82% |
| 2021-12-31 | zł794.84 Million ≈ $218.75 Million |
-0.17% |
| 2020-12-31 | zł796.21 Million ≈ $219.13 Million |
+1.92% |
| 2019-12-31 | zł781.20 Million ≈ $215.00 Million |
+27.31% |
| 2018-12-31 | zł613.61 Million ≈ $168.88 Million |
-3.51% |
| 2017-12-31 | zł635.96 Million ≈ $175.03 Million |
+15.13% |
| 2016-12-31 | zł552.40 Million ≈ $152.03 Million |
+15.45% |
| 2015-12-31 | zł478.46 Million ≈ $131.68 Million |
+13.57% |
| 2014-12-31 | zł421.28 Million ≈ $115.94 Million |
+9.54% |
| 2013-12-31 | zł384.61 Million ≈ $105.85 Million |
+10.24% |
| 2012-12-31 | zł348.88 Million ≈ $96.02 Million |
+11.02% |
| 2011-12-31 | zł314.25 Million ≈ $86.49 Million |
+2.10% |
| 2010-12-31 | zł307.79 Million ≈ $84.71 Million |
+1.56% |
| 2009-12-31 | zł303.07 Million ≈ $83.41 Million |
+16.57% |
| 2008-12-31 | zł259.99 Million ≈ $71.55 Million |
+3.41% |
| 2007-12-31 | zł251.41 Million ≈ $69.19 Million |
-1.52% |
| 2006-12-31 | zł255.30 Million ≈ $70.26 Million |
+3.04% |
| 2005-12-31 | zł247.76 Million ≈ $68.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fabryki Mebli Forte S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 71855400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Fabryki Mebli Forte S.A. Net Assets Breakdown (December 2025)
Fabryki Mebli Forte S.A. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł718.55 Million | 81.95% |
| Common Stock | zł23.93 Million | 2.73% |
| Other Comprehensive Income | zł18.81 Million | 2.14% |
| Other Components | zł115.53 Million | 13.18% |
| Total Equity | zł876.82 Million | 100.00% |
Fabryki Mebli Forte S.A. Competitors by Market Cap
The table below lists competitors of Fabryki Mebli Forte S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVer Information Inc
TW:3669
|
$89.58 Million |
|
Medtecs International Corporation Ltd DRC
TW:9103
|
$89.62 Million |
|
CURATIS N AG
SW:CURN
|
$89.64 Million |
|
Max India Limited
NSE:MAXIND
|
$89.67 Million |
|
Eastwood Bio-Medical Canada Inc
V:EBM
|
$89.55 Million |
|
Immobile
WAR:GKI
|
$89.52 Million |
|
Data Communications Management Ltd
TO:DCM
|
$89.45 Million |
|
Agrify Corp
NASDAQ:AGFY
|
$89.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fabryki Mebli Forte S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 927,955,000 to 876,820,000, a change of -51,135,000 (-5.5%).
- Net income of 22,189,000 contributed positively to equity growth.
- Dividend payments of 2,000 reduced retained earnings.
- Other comprehensive income decreased equity by 72,586,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł22.19 Million | +2.53% |
| Dividends Paid | zł2.00K | -0.0% |
| Other Comprehensive Income | zł-72.59 Million | -8.28% |
| Other Changes | zł-735.00K | -0.08% |
| Total Change | zł- | -5.51% |
Book Value vs Market Value Analysis
This analysis compares Fabryki Mebli Forte S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.29x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | zł10.51 | zł13.60 | x |
| 2006-12-31 | zł10.71 | zł13.60 | x |
| 2007-12-31 | zł9.44 | zł13.60 | x |
| 2008-12-31 | zł9.63 | zł13.60 | x |
| 2009-12-31 | zł12.64 | zł13.60 | x |
| 2010-12-31 | zł12.88 | zł13.60 | x |
| 2011-12-31 | zł13.10 | zł13.60 | x |
| 2012-12-31 | zł14.54 | zł13.60 | x |
| 2013-12-31 | zł16.02 | zł13.60 | x |
| 2014-12-31 | zł17.56 | zł13.60 | x |
| 2015-12-31 | zł19.97 | zł13.60 | x |
| 2016-12-31 | zł22.98 | zł13.60 | x |
| 2017-12-31 | zł26.44 | zł13.60 | x |
| 2018-12-31 | zł25.50 | zł13.60 | x |
| 2019-12-31 | zł32.64 | zł13.60 | x |
| 2020-12-31 | zł33.16 | zł13.60 | x |
| 2021-12-31 | zł33.10 | zł13.60 | x |
| 2022-12-31 | zł35.76 | zł13.60 | x |
| 2023-12-31 | zł37.94 | zł13.60 | x |
| 2024-12-31 | zł38.83 | zł13.60 | x |
| 2025-12-31 | zł36.64 | zł13.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fabryki Mebli Forte S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.83%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.57x
- Recent ROE (2.53%) is below the historical average (8.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.76% | 4.13% | 0.94x | 1.75x | zł-8.03 Million |
| 2006 | 4.95% | 2.88% | 1.02x | 1.68x | zł-12.90 Million |
| 2007 | 2.65% | 1.21% | 1.12x | 1.96x | zł-16.28 Million |
| 2008 | 1.93% | 0.92% | 1.07x | 1.95x | zł-18.46 Million |
| 2009 | 14.23% | 8.51% | 1.12x | 1.49x | zł12.70 Million |
| 2010 | 9.55% | 6.21% | 1.00x | 1.53x | zł-1.37 Million |
| 2011 | 12.35% | 7.29% | 1.11x | 1.52x | zł7.30 Million |
| 2012 | 9.99% | 6.15% | 1.16x | 1.40x | zł-25.40K |
| 2013 | 15.19% | 8.68% | 1.20x | 1.46x | zł19.77 Million |
| 2014 | 18.00% | 9.14% | 1.29x | 1.53x | zł33.41 Million |
| 2015 | 17.78% | 8.84% | 1.29x | 1.56x | zł36.93 Million |
| 2016 | 20.10% | 10.13% | 0.93x | 2.14x | zł55.48 Million |
| 2017 | 12.17% | 7.02% | 0.74x | 2.34x | zł13.70 Million |
| 2018 | 5.65% | 3.11% | 0.67x | 2.70x | zł-26.56 Million |
| 2019 | 4.51% | 2.99% | 0.75x | 2.01x | zł-42.89 Million |
| 2020 | 6.24% | 4.27% | 0.79x | 1.85x | zł-29.81 Million |
| 2021 | 13.99% | 8.35% | 0.92x | 1.81x | zł31.61 Million |
| 2022 | 10.46% | 7.03% | 0.86x | 1.73x | zł3.97 Million |
| 2023 | -6.68% | -5.88% | 0.72x | 1.58x | zł-151.39 Million |
| 2024 | 5.41% | 4.56% | 0.74x | 1.60x | zł-42.61 Million |
| 2025 | 2.53% | 1.83% | 0.88x | 1.57x | zł-65.49 Million |
Industry Comparison
This section compares Fabryki Mebli Forte S.A.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $482,272,000
- Average return on equity (ROE) among peers: 15.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fabryki Mebli Forte S.A. (FTE) | zł877.75 Million | 6.76% | 0.56x | $89.57 Million |
| Amica S.A. (AMC) | $834.78 Million | 13.68% | 1.19x | $94.16 Million |
| Decora SA (DCR) | $129.76 Million | 17.06% | 0.93x | $219.47 Million |
About Fabryki Mebli Forte S.A.
Fabryki Mebli FORTE S.A. designs, manufactures, and exports furniture worldwide. It offers furniture for living room, dining room, bedroom, children's room, hallway, and study. The company was founded in 1992 and is based in Ostrow Mazowiecka, Poland.